Colliers Industrial | U.S.

The Texas CHIPS Act solidifies the state’s position as a premier destination for semiconductor fabrication investments and reinforces its dedication to fostering semiconductor technology, innovation, and a skilled workforce. Read more from Baily Datres and Mike Otillio in this Colliers blog post: https://lnkd.in/gnCTZprK

Congratulations to #ColliersIndustrial’s Mike Goldstein, Ryan McShane, Gregory O'Leary, Alex Hoeck, SIOR and Wes Widmer for the successful leasing of 1,015,791 SF at First Stockton Logistics Center in Northern California’s Central Valley. This state-of-the-art building is a newly constructed speculative development by First Industrial Realty Trust.

The latest Colliers Supply Chain Solutions Report highlights significant developments and trends impacting the logistics and supply chain industry in the first quarter of 2024. Brewster Smith and Derek Lim provide a comprehensive overview on port operations, potential labor strikes, freight pricing, air cargo trends and supply chain optimization strategies. Read more in this spotlight from The Business Journals: https://lnkd.in/dbu9C3pb

The electric vehicle (EV) industry is undergoing rapid expansion, driven by technological advancements, regulatory support, and increasing consumer demand. This transformation has significant implications for industrial real estate and regional economic development, particularly in areas with favorable conditions for manufacturing and logistics. Patrich Jett, SIOR provides a detailed look at the current trends, opportunities, and challenges in the EV industry and their impact on real estate, click here: https://lnkd.in/gpRvyPds

Noah Balanoff, CCIM of #ColliersIndustrial was recently featured by New Jersey Business Magazine sharing his perspective on the triumphs and trials of the region's industrial real estate market. “If you’re a landlord today and you have vacancy, I would argue it’s much more important right now to get some of those pieces off the board and fill those spaces. I’m not saying under any circumstances; obviously, it still has to make sense. However, don’t go for the last 10 cents, and [do] try to get the vacancy figured out, because we have to start thinking about when the next deal is coming.” Click to read the full article here:  https://lnkd.in/gedZHGWc

Colliers Capital Markets | U.S. recently closed the $24.8M sale of Dundas Industrial Park. Located in Jacksonville’s Northside submarket, the property spans 138,000 square feet across three buildings. Colliers’ Ryan Vaught, James "Jimmy" Ullrich, Michael J. Macchia, and Riley Vaught represented PanAm Development in the sale to NorthBridge Partners. Guy Preston, SIOR and Seda Preston provided local market expertise.

Hear from Stephanie Rodriguez as she shares what sets the culture at Colliers apart in the video below. #ColliersIndustrial

Congratulations to the Colliers Industrial I-81 team of John Lesinski, Benjamin Luke, SIOR, Joy Lewis and Clay Ellis who represented the landlord, Equus Capital Partners, Ltd., in the leasing of their 324,360 square-foot warehouse and distribution facility to Trex Company, Inc. The property is the third phase of the Mid-Atlantic Logistics Park, a development of up to 1.9 million SF of prime warehouse distribution and manufacturing space, strategically positioned along the I-81 distribution corridor in Martinsburg, WV. With this building leased, the last remaining available parcel is Phase IV with 369,000 SF. Reach out to John, Ben, Joy or Clay for more information. https://lnkd.in/gkXgPYeG

Colliers Supply Chain Solutions (SCS) redesigned a distribution network, yielding a 16% reduction in logistics operating costs and a 67% increase in two-day service. Read more in the full case study, and discover how Colliers SCS accelerates logistics operations. Click here: https://lnkd.in/gyRN78Qs

Supply chain disruptions from the Baltimore bridge collapse prompt innovative solutions and renewed focus on resilience, as companies leverage lessons from the pandemic to navigate the crisis and ensure continuity in one of the busiest ports in the U.S. Read more from Colliers' Grant Miller, SIOR and Don Moss in this piece from Area Development: https://lnkd.in/eU3Aqsad